​Diverse Companies Recognized for their Role in Building a Modern Energy System and Helping to Strengthen the Illinois Economy

CHICAGO (April 27, 2017) – ComEd hosted its second annual Supplier Diversity Awards recognizing diverse suppliers for exceptional performance in areas ranging from innovation and environmental stewardship to overall growth and performance. A total of 76 companies competed for the diverse supplier awards presented today at a ceremony at the Palmer House Hilton Chicago.

The awards acknowledge minority, veteran and women-owned suppliers for their increasingly important role in the company’s efforts to modernize its energy delivery system, which provides safe and reliable electricity to nearly 4 million customers in northern Illinois.

In 2016, ComEd achieved an all-time high of $777 million in total diverse spend, representing 33 percent of total supply spend, and $600 million more than in 2011. In the past six years, ComEd’s total diversity certified supplier expenditure reached $2.6 billion, a 339-percent increase, providing new opportunities for African American, Hispanic, Native American, veteran and women-owned enterprises. In 2016, ComEd added 132 diverse suppliers, a 26-percent increase, for a total of 516 certified-diverse suppliers.

"At ComEd, diversity and inclusion is part of our value system and culture and we are committed to not only contracting with diverse suppliers, but we also work to mentor and help them be successful," said Anne Pramaggiore, president and CEO, ComEd. "We are excited to recognize truly outstanding performers whose unique insights, approaches and success stories hold important lessons for us all."

ComEd has injected more than $5.52 billion into its supply chain in Illinois since 2011, driven largely by the smart grid program created by the Energy Infrastructure Modernization Act (EIMA). The legislation established a broad range of performance metrics for utilities, including increased spending with diverse suppliers, by at least 15 percent over 10 years. Since 2012, ComEd has exceeded that goal with a total supply chain spend in Illinois under EIMA of $4 billion, including $1.6 billion total diverse supply chain spend.

​​​​###

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider, with approximately 10 million customers. ComEd provides service to approximately 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit
ComEd.com, and connect with the company on
Facebook,
Twitter and
YouTube.